Petrosun Resources Inc.
- Proceeding
- BankruptcyBankruptcy and Insolvency Act
Petrosun Resources Inc.'s Statement of Affairs, sworn August 29, 2022, reported total assets of $1.00 against total liabilities of $6,041,095.01, producing a stated deficiency of $6,041,094.01. Preferred creditors were listed as nil, and the itemised creditor listing attached to the Statement sums to $6,023,093.99, a figure roughly $17,996.02 short of the deficiency total that the document does not reconcile. Dozens of unsecured claims were listed, ranging from small amounts under $100 to Tianyi Yu at $941,593.15 and Tong Chen at $749,570.04, the two largest. A secured claims list "B" was referenced but not included in the material. The matter is now recorded as closed.
Debtor
Petrosun Resources Inc.
Trustee in bankruptcy
Doane Grant Thornton
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Secured creditors (aggregate per list "B", Statement of Affairs) · in 37 casesList "B" not provided in these pages; no individual secured creditor named — Statement of Affairs also reports a separate 'Balance of secured claims as per list "B"' of $4.00 added to the unsecured total (treated as the deficiency/unsecured portion of secured claims after security value); underlying list "B" not attached to these pages. — debtor: Petrosun Resources Inc. · as of 29 Aug 2022 | $1 | Creditors' Package dated August 30, 2022 |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
63 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansClosed · the record states no distribution outcome.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Order Discharging Trustee pronounced May 1, 2025 | PDF · Subscribers | |
Certificate of Appointment dated August 30, 2022
| PDF · Subscribers | |
Creditors' Package dated August 30, 2022
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Petrosun Resources Inc.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/petrosun-resources-inc